Structural, Innovation and Efficiency Effects of Environmental Regulation: Evidence from China's Carbon Emissions Trading Pilot

Liu Cenjie; Ma Chunbo; Xie Rui

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Structural, Innovation and Efficiency Effects of Environmental Regulation: Evidence from China's Carbon Emissions Trading Pilot

机译：环境监管的结构，创新与效率影响：来自中国碳排放交易飞行员的证据

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Conventional wisdom argues that environmental regulation can trigger both structural adjustments and enhanced innovation. We test this conjecture by using a difference-in-differences approach to analyze the impacts of China's carbon emission trading (CET) pilot policy on energy consumption. We find that compliance with the CET regulation has triggered statistically significant adjustments in energy structure, industrial structure, and technological innovation. Adjustments in industrial structure also contribute to enhanced total factor energy efficiency, whereas increased technological innovation has mixed effects on energy efficiency. We show that in the short run, government-led innovation does not immediately contribute to improvement in energy efficiency, whereas enterprise-led innovation has a negative impact. It indicates that CET regulation can affect energy efficiency through industrial structure and technological innovation. Overall, our results provide new evidence for the strong version of the Porter hypothesis. Our results also provide strong scientific support for China's recent transition towards market-based carbon mitigation strategies.

机译：传统智慧认为，环境监管可以引发结构调整和增强的创新。我们通过使用差异差异方法来测试本猜想来分析中国碳排放交易（CET）试验政策对能源消耗的影响。我们发现，遵守CET规则在能源结构，产业结构和技术创新方面引发了统计上显着的调整。工业结构的调整也有助于提高总因素能效，而技术创新的增加对能效具有混合影响。我们表明，在短期内，政府主导的创新不会立即有助于提高能源效率，而企业导向的创新产生负面影响。它表明，CET规则可以通过产业结构和技术创新来影响能源效率。总体而言，我们的结果为搬运工假设的强大版本提供了新的证据。我们的业绩还为中国最近转向基于市场碳缓解策略的转型提供了强大的科学支持。

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来源
《Environmental & Resource Economics》 |2020年第4期|741-768|共28页
作者
Liu Cenjie; Ma Chunbo; Xie Rui;
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作者单位

Hunan Univ Sch Econ & Trade Changsha 410079 Hunan Peoples R China|Hunan Univ Finance & Econ Sch Engn Management Changsha 410205 Hunan Peoples R China;

Univ Western Australia UWA Sch Agr & Environm Agr & Resource Econ 35 Stirling Highway Crawley WA 6009 Australia;

Hunan Univ Sch Econ & Trade Changsha 410079 Hunan Peoples R China;

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原文格式 PDF
正文语种 eng
中图分类
关键词
China's emission trading; Total factor energy efficiency; Porter hypothesis; Difference-in-differences (DID); Difference-in-difference-in-differences (DDD);

机译：中国的排放交易;总因素能效;搬运工假设;差异差异（DID）;差异差异差异（DDD）;

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专利

1. Quantity or quality? The impacts of environmental regulation on firms' innovation-Quasi-natural experiment based on China's carbon emissions trading pilot [J] . Hu Jiangfeng, Pan Xinxin, Huang Qinghua Technological forecasting and social change . 2020,第Sepa期

机译：数量或质量？环境监管对基于中国碳排放交易飞行员的企业创新 - 准自然实验的影响
2. Impact of environmental regulation policy on environmental regulation level: a quasi-natural experiment based on carbon emission trading pilot [J] . Han Yawen Environmental Science and Pollution Research . 2020,第19期

机译：环境监管政策对环境监管水平的影响：基于碳排放交易飞行员的准自然实验
3. Price drivers in the carbon emissions trading scheme: Evidence from Chinese emissions trading scheme pilots [J] . Ji Chang-Jing, Hu Yu-Jie, Tang Bao-Jun, Journal of Cleaner Production . 2021,第Pta1期

机译：碳排放交易计划中的价格司机：中国排放交易计划飞行员的证据
4. Environmental Regulation and Technology Innovation: Evidence from China [C] . Lin Minghua, Yang Yongzhong International Conference on Energy, Environment and Development . 2013

机译：环境监管和技术创新：来自中国的证据
5. Does China's Carbon Emission Trading Scheme Reduce Emissions? Analyzing the Impact of the ETS Pilots. [D] . Zhu, Laqiqige. 2017

机译：中国的碳排放权交易计划是否会减少排放？分析ETS试点的影响。
6. Does Emission Trading Boost Carbon Productivity? Evidence from China’s Pilot Emission Trading Scheme [O] . Di Zhou, Xiaoyu Liang, Ye Zhou, 2020

机译：排放交易促进碳生产率吗？来自中国试点排放交易计划的证据
7. Environmental regulation, innovation quality and firms’ competitivity―Quasi-natural experiment based on China’s carbon emissions trading pilot [O] . Jiangfeng Hu, Qinghua Huang, Xiding Chen 2020

机译：基于中国碳排放交易飞行员的环境监管，创新质量和企业竞争力 - 准自然实验

Structural, Innovation and Efficiency Effects of Environmental Regulation: Evidence from China's Carbon Emissions Trading Pilot

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